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HomeMoneys of the World › Economy, and the Public Accounts: English

Economy, and the Public Accounts: English

Stated Account, in the English law of accounts, is an account settled whether it be signed or not.

Status of an Annuity, the state of things during the continuance of which the annuity is to be paid. A compound status is one which exists as long as either of two or more status remain.

Sterling, a term of uncertain derivation, which has been long applied to the standard money of England.

Stock, in accounts, comprehends everything possessed by an individual or firm at any given time.

Stock, in Political Economy, accumulated wealth.

Stocks, the public funds.

Stoppage in Transitu, the right of a seller to retain goods sold, or to recover them if they have not yet been delivered to the buyer, in security of the price unpaid.

Storeage, a charge for warehouse rent.

Stranding, in Marine Insurance, is where a vessel takes the ground under any extraordinary circumstances of time or place by reason of some unusual or accidental occurrence; but mere "touch and go" is not a stranding. Subpœna, Eng., a writ calling a party to appear in court. Supersedeas, Eng., a command to stay law proceedings, on good cause shown, which ought otherwise proceed.

Supplies, the annual grants for the public service by parliament. Supply of Commodities, the quantity offered, or ready to be immediately offered for sale.

Surcharge, in the English law of accounts, is to show an omission for which credit ought to have been given. Falsify is to show that a wrong charge has been inserted, Survivorship, the assurance of a sum to a party, provided he survive another party.

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